On Thursday, Versartis Inc (NASDAQ:VSAR)’s shares declined -10.58% to $15.46.
Versartis Inc (NASDAQ:VSAR) declared that Mr. Jay Shepard, President and Chief Executive Officer, is planned to present at the Bank of America Merrill Lynch 2015 Health Care Conference on Wednesday, May 13, 2015 at the Encore at Wynn in Las Vegas, Nevada.
Versartis, Inc., a development stage company, operates as an endocrine-focused biopharmaceutical company in the United States. The company is developing VRS-317, a long-acting recombinant human growth hormone, which is in Phase 3 clinical trials for the treatment of growth hormone deficiency.
Kate Spade & Co (NYSE:KATE)’s shares dropped -10.44% to $29.16.
Kate Spade & Co (NYSE:KATE) declared plans to expand the kate spade new york brand presence in Latin America with a new distribution agreement. Under the terms of the agreement, EBI will have distribution rights to the kate spade new york brand, spanning 17 territories throughout Central and South America and the Caribbean.
Kate Spade & Company, together with its auxiliaries, designs and markets apparel and accessories. The company operates in three segments: KATE SPADE North America, KATE SPADE International, and Adelington Design Group.
At the end of Thursday’s trade, Gold Fields Limited (ADR) (NYSE:GFI)‘s shares dipped -9.95% to $3.71.
Gold Fields Limited (ADR) (NYSE:GFI) declared net losses attributable to our shareholders of US$14 million for the March 2015 quarter contrast with US$26 million in the December 2014 quarter and US$nil in the March 2014 quarter. Normalised losses of US$13 million for the March 2015 quarter contrast with earnings of US$17 million in the December 2014 quarter and US$21 million in the March 2014 quarter.
Gold Fields Limited operates as a gold mining company. The company engages in the exploration, extraction, processing, and smelting of gold and copper properties. It holds interests in eight operating mines in South Africa, Ghana, Australia, and Peru.
PennyMac Mortgage Investment Trust (NYSE:PMT), ended its Thursday’s trading session with -9.85% loss, and closed at $18.30.
PennyMac Mortgage Investment Trust (NYSE:PMT) stated net income of $7.5 million, or $0.09 per diluted share, for the first quarter of 2015, on net investment income of $37.7 million. PMT formerly declared a cash dividend for the first quarter of 2015 of $0.61 per common share of beneficial interest, which was declared on March 24, 2015 and paid on April 29, 2015.
First Quarter 2015 Highlights
Financial results:
- Diluted earnings per common share of $0.09, down 74 percent from the preceding quarter
- Net income of $7.5 million, down 72 percent from the preceding quarter
- Net investment income of $37.7 million, down 29 percent from the preceding quarter
- Book value per share of $20.68, down from $21.18 at December 31, 2014
PennyMac Mortgage Investment Trust, a specialty finance company, invests primarily in residential mortgage loans and mortgage-related assets in the United States. The company operates through two segments, Correspondent Production and Investment Activities. DISCLAIMER:
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